Transcript Highlights:

• What if the trustees at the same time lived in the state of Iowa and had the language in Iowa that’s
• It would be taxable in Iowa if those decisions and those distributions were made outside of Iowa.
• It would be a nonresident trust in Iowa if two of those three were made in Iowa.
• </c> being um um put in place by Iowa being um um put in place by Iowa resident<01:02:34.599><c> also
• </c> here if they had your your bill in Iowa here if they had your your bill in Iowa that that that was

Committee: Senate Taxes

Transcript Highlights:

• So it's always a juggling act unless you have an endowment or somebody that's willing to help you out
• </c><01:43:41.199><c> So</c> because we did have an endowment. So because we did have an endowment.
• </c><01:43:44.320><c> or</c><01:43:45.119><c> somebody</c><01:43:45.440><c> that's</c> have an endowment
• or somebody that's have an endowment or somebody that's willing<01:43:46.000><c> to</c><01:43:46.159
• So it's always a juggling act unless you have an endowment or somebody that's willing to help you out

Committee: House Finance

Transcript Highlights:

• Iowa should be the Tuscany of North America, except now Iowa has a water crisis.
• Iowa should be the Tuscany of North America, except now Iowa has a water crisis.
• </c> of Iowa and the late Paul Wellstone. of Iowa and the late Paul Wellstone.
• I saw what Iowa used to be in my lifetime. Iowa fell apart.
• Iowa fell apart. It's sad lifetime. Iowa fell apart.

Bills: HF3718

Committee: House Agriculture Finance and Policy

Transcript Highlights:

• I'd like to also express some gratitude for the endowments.
• The endowment that you created for our College of Nursing has been instrumental in our ability to create
• Next, I'd like to note our Social Work program, which was also supported by an endowment.
• With the endowment resources, we are very happy with the progress we're making there.
• Psychiatric Center and Behavioral Health for Children, along with the growth of your Social Work Endowment

Committee: House Legislative Health & Human Services Committee

Transcript Highlights:

• Less is going into these reserve and endowment transfers that have been established for the future.
• changes we've made statutorily to move windfall revenue immediately out of the general fund and into endowments
• general fund taking that hit, we've revised slightly downward what's expected to go into these future endowments
• revenue projections hold true to current projections, how much revenue will be deferred to revenue endowments
• So the total amount to all endowments, including the Severance Tax Program, is about $10 billion.

Committee: House House Appropriations & Finance

Transcript Highlights:

• the kind of work that they've been doing through our funding, as well as funding from the National Endowment
• the kind of work that they've been doing through our funding, as well as funding from the National Endowment
• the kind of work that they've been doing through our funding, as well as funding from the National Endowment
• the kind of work that they've been doing through our funding, as well as funding from the National Endowment
• Work that they've been doing through our funding, as well as funding from the National Endowment for

Transcript Highlights:

• This endowment is essentially a savings. in which one-time funds will be set aside and the earnings off
• Number two, the endowment will solve an enduring problem we've had forever.
• And then finally, we need some kind of mechanism because that endowment will take four years to flow
• The permanent endowment is extremely important, but equally important is the removal of the cap on the
• The blend of both HEAF and the endowment amount that is in the base bill will equal that number.

Committee: House Higher Education

Transcript Highlights:

• of the higher ed institutions and their accounting departments have been seeking these higher ed endowments
• You mentioned the workforce initiatives, HD endowment.
• Some of these flagship university accounting departments have these higher education endowments, and
• So, there are a number of priorities for this endowment fund, and one. And it's not very explicit.
• Funding should be more explicit in the designation of future priorities for this endowment fund.

Committee: House House Appropriations & Finance

Transcript Highlights:

• We've got Iowa now to the North, got Illinois Cross River.
• I actually come from the beautiful town of Hannibal, Missouri, right on the Illinois, Missouri, Iowa
• The 12 states this compact would include are Ohio, Colorado, Iowa, Kansas, Maine, Minnesota, Tennessee
• The 12 states this compact would include are Ohio, Colorado, Iowa, Kansas, Maine, Minnesota, Tennessee
• The 12 states this compact would include are Ohio, Colorado, Iowa, Kansas, Maine, Minnesota, Tennessee

Committees: House Economic Development , House Joint Committee on Rural Economic Development

Transcript Highlights:

• three buckets that we see in this list: the dedicated funds trust, custodial accounts, or trust endowments
• trust in custodial accounts or um funds trust in custodial accounts or um trust<00:16:58.240><c> endowments
• </c><00:16:59.319><c> type</c><00:16:59.720><c> permanent</c><00:17:00.360><c> funds</c> trust endowments
• type permanent funds trust endowments type permanent funds and<00:17:01.160><c> then</c><00:17:01.399

Committee: Senate Ways and Means

Transcript Highlights:

• It establishes the Florida Endowment for Early Learning within the Department of Education direct support
• It establishes the Florida Endowment for Early Learning within the Department of Education direct support

Bills: S0996 , S1022 , S1462 , S1690

Committee: Senate Children, Families, and Elder Affairs

Summary: The Committee on Children, Families, and Elder Affairs heard and advanced four bills. CS/SB 1690, on early childhood education, was amended with a delete-all amendment that required public posting of child care inspection reports and data on child deaths, injuries, and substantiated abuse; changed certain notice and insurance provisions for family and large family child care homes; created the Florida Endowment for Early Learning; and made related definitional changes. The amendment was adopted and the committee reported the bill favorably. SB 1022, on children’s initiatives, would add two new Florida Children’s Initiatives in Bay County and Pompano in Broward County; the sponsor described the program as a community-based service network model, and the bill was reported favorably without opposition. SB 996, on dependent children, would require DCF and community-based care lead agencies to coordinate and regularly meet with organizations focused on people with lived experience in the child welfare system, and to publish how suggestions are implemented. Several young adults with foster care experience testified in support, emphasizing the importance of youth voice, normalcy, and teaching financial responsibility through allowance. The bill was reported favorably after supportive debate. The committee also considered CS/SB 1462, on temporary cash assistance eligibility, after adopting an amendment that narrowed a SNAP eligibility carve-out to people who were victims of human trafficking at the time of a drug conviction. The sponsor said the bill was intended to remove barriers to reunification and redemption. After supportive testimony and no opposition, the committee reported the bill favorably. The meeting then adjourned.

Transcript Highlights:

• My husband and I, Richard, who is a veteran, endowed the Richard and Karen Moore Veterans Success Center
• We also fully endowed a program called the Veterans...
• We also fully endowed a program called the Veterans Leadership Academy, which is a year-long program

Bills: S0720 , S1246

Committee: Senate Appropriations Committee on Higher Education

Summary: The Appropriations Committee on Higher Education met to consider one bill, a postponed bill, and a slate of trustee confirmations. The committee first took up CS/SB 1246, which expands the Linking Industry to Nursing Education (LINE) fund to support health science workforce shortages beyond nursing, including allied health programs. The bill also broadens eligible uses of funds, revises matching requirements and grant criteria, and updates reporting requirements. A strike-all amendment was adopted without objection, and the committee then reported the bill favorably after supportive testimony from Florida State College at Jacksonville, the Florida Hospital Association, the College of Central Florida, and the Florida Chamber of Commerce. Senator Davis also noted a favorable vote on the bill for the record. The committee then temporarily postponed SB 720 at the sponsor’s request. Chair Harrell explained that the bill had been incorporated into a larger committee measure and would likely be heard later in another form. Public witnesses who had come to speak on the bill were not heard because of the postponement. The remainder of the meeting focused on confirmations for trustees at several state colleges, including Chipola College, Tallahassee State College, Pensacola State College, Palm Beach State College, Pasco-Hernando State College, and St. Petersburg College. The appointees emphasized themes of affordability, workforce training, nursing and allied health success, dual enrollment, community partnerships, and local economic development. After hearing from the appointees, the committee approved a block motion to recommend confirmation of all appointees on tabs 2 through 25. The meeting then adjourned.

Transcript Highlights:

• My husband and I, Richard, who is a veteran, My husband and I, Richard, who is a veteran, endowed the
• We also fully endowed a program called the Veterans...
• We also fully endowed a program called the Veterans Leadership Academy, which is a year-long program

Bills: S0720 , S1246

Committee: Senate Appropriations Committee on Higher Education

Keywords: tuition, resident status, incarceration, education, equal access, nursing shortage, health care, education funding, workforce development, LINE Fund, monetary contributions, nonmonetary contributions

Summary: The Higher Education Appropriations Committee met with a quorum present and announced that the budget rollout would be postponed until the following week. The committee first considered SB 1246, which expands the Linking Industry to Nursing Education Fund to support health science workforce shortages in addition to nursing. The bill, as amended by a strike-all, broadened eligible uses of the fund, allowed matching contributions from non-health-care partners, prioritized health-care partner contributions, and updated reporting requirements. Testimony in support emphasized that the program has already reduced hospital vacancy rates and should be expanded to allied health fields. The committee adopted the amendment, passed the bill favorably, and recorded the chair’s affirmative vote. SB 720 was temporarily postponed at the sponsor’s request after the chair noted it had been incorporated into a larger committee bill. The committee then heard confirmations for numerous trustees of state colleges and universities, including Chipola College, Tallahassee State College, Pensacola State College, Palm Beach State College, Pasco-Hernando State College, and St. Petersburg College. Appointees generally described their backgrounds and emphasized visions centered on affordability, student success, workforce training, dual enrollment, and alignment with local labor needs. Several highlighted strong nursing outcomes, including high NCLEX pass rates and job placement, while others pointed to expanding programs in welding, plumbing, electrical, cybersecurity, aviation, and other technical fields. Trustees from Tallahassee State and Pensacola State also discussed veterans’ services and health care coverage for college employees, respectively. After hearing from the appointees, the committee took up the confirmations as a block. Senator Calatayud moved to recommend confirmation of all appointees on the listed tabs, Senator Leek seconded, and the motion passed by roll call. The meeting concluded with no further business and adjournment.

Transcript Highlights:

• consider a vote on the gubernatorial appointment of David Dean of Meridian, Idaho, to the Idaho Endowment
• Chairman, I would move to send the gubernatorial appointment of David Dean to the Idaho Endowment Fund
• Second by Senator Burns that the gubernatorial appointment of David Dean to the Idaho Endowment Fund

Committee: Senate State Affairs

Transcript Highlights:

• And he went on to state, if Iowa can force every station in the state to sell E-15, why can't we make
• Quaker Oats use Iowa oats?
• And the reason why Quaker does not use Iowa oats is because Iowa can't grow the oats.
• Quaker does not use Iowa oats because Iowa can't grow the oats that Quaker uses.

Transcript Highlights:

• Set will be used to build the corpus of the endowment trust fund. And follow up?
• We have decided that $200 million deposit into an endowment trust that is established to either create
• On the next page, it talks more about the taxpayer endowment trust fund that you started to address.
• The idea behind this trust fund, this endowment fund, is that it locks up dollars. It... Thank you.
• The fund, this endowment fund, is that it locks up dollars.

Bills: HB3418 , HB3985 , HB3463 , HB3002 , HB4303 , HB3919 , HB3416 , HB3417 , HB3415 , HB2206 , HB3414 , HB3265 , HB3310 , HB3413 , HB4486 , HB1219 , SR39 , SB1177 , HB3298 , HB2696 , HB3941 , HB3970 , HB3264 , HB3321 , HB2650 , HB3497 , HB3980 , HB3981 , HB4421 , HB3177 , HB3322 , HB3499 , HB3500 , HB3845 , HB3742 , HB3622 , HB1250 , HB2710 , HB3831 , HB4408 , HB1002 , HB3008 , HB3086 , HB3595 , HB3678 , HB4107 , HB3695 , HB3315 , HB3590 , HB3006 , HB3151 , HB2959 , HB2398 , HB3026 , HB3467 , HB4268 , HB3372 , HB2210 , HB4359 , HB4427

Summary: The Senate convened with a quorum, offered prayer, and recognized the Doctor and Nurse of the Day, along with several visiting groups in the galleries, including the Goldsby Volunteer Fire Department and families honoring fallen firefighters Todd Pendleton and Brian Jenkins, the Sapulpa Elks Antlers, the Grove Chamber of Commerce, and northeastern Oklahoma cattlemen. The chamber adopted Senate Resolution 39, celebrating the 100th anniversary of U.S. Route 70 and its economic importance to southern Oklahoma communities. The main item of business was the Joint Committee Report for Senate Bill 1177, the General Appropriation Bill for the State of Oklahoma. Senators questioned the budget’s overall size, the use of gross production tax revenues, the new sovereign/endowment trust fund, Medicaid and Health Care Authority funding, mental health appropriations, child care subsidy funding, school security, career tech, tourism, the Commissioners of the Land Office, textbook allocations, and several other agency lines. The chair explained that the budget included about $1.5 billion in cash and sweeps, a $250 million base appropriation for the Health Care Authority, $200 million for the endowment trust fund, $31 million for PREP projects, $25 million for the Governor’s Quick Action Closing Fund, and other agency-specific appropriations and supplements. Several members debated the report before adoption. Supporters argued the budget addressed agency needs and future savings, while opponents criticized it as a flat or spending-heavy budget that favored special projects and well-connected interests over core services such as child care, mental health, water infrastructure, and county needs. After debate, the Joint Committee Report for SB 1177 was adopted, and the Senate moved through the budget discussion with no recorded roll-call vote in the transcript provided.

Transcript Highlights:

• point there's two, a little over 200 million in the corpus of the trust that generates, per the endowment
• </c><00:31:54.960><c> model</c><00:31:55.200><c> that</c> generates per the endowment model that generates
• per the endowment model that that<00:31:55.679><c> was</c><00:31:55.840><c> adopted</c><00:31:56.320
• I just want to say that I think that the idea of increasing the trust's endowment, if you will, is a
• , if you will, is a tremendous endowment, if you will, is a tremendous idea.<00:52:32.160><c> It's</c

Committee: Joint Select Natural Resource Funding Committee

Transcript Highlights:

• </c> endowment for human development ehd.org. endowment for human development ehd.org.
• to read it: "We hold these truths to be self-evident, that all men are created equal, and they are endowed
• all men are created equal, and they that all men are created equal, and they are<02:02:02.159><c> endowed
• ><c> by</c><02:02:02.639><c> their</c><02:02:02.880><c> creator</c><02:02:03.280><c> with</c> are endowed
• by their creator with are endowed by their creator with certain<02:02:03.840><c> inalienable</c><02:

Transcript Highlights:

• Take UTEMCO, which manages endowments for the University of Texas and Texas A&M.
• the Texas Future Fund, Texas would have a powerful asset—part investment engine, part democratic endowment
• That includes pension funds and endowments; these are groups that have to steward individuals' money

Bills: HB 104 , HB2054 , HB3459 , HB3745 , HB4486 , HB4488 , HB4601 , HB104

Committee: House Appropriations

Keywords: Texas Future Fund, investment review board, economic stabilization, innovative technology, national defense, HB 2054, Texas volunteer fire department assistance fund, Rural Volunteer Fire Department Assistance Program, volunteer fire departments, wildfire mitigation, wildland fire, rural fire protection, insurer assessment, insurance premium tax, state appropriations, firefighting grants, emergency services, high-risk wildfire areas, Texas Comptroller, Texas Government Code

Transcript Highlights:

• significance to the national heritage of the United States, including that all people are created equal and endowed
• significance to the national heritage of the United States, including that all people are created equal and endowed